UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Commission File Number 0-18917
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [ ] Form 11-K [ ] Form 20-F
[ ] Form 10-Q [ ] Form N-SAR
For the Period Ended: September 29, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read attached instruction sheet before preparing form. Please
print or type.
Nothing in this form shall be construed to imply that the
commission has verified any information contained herein.
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If the notification relates to a portion of the filing check
above, identify the Item(s) to which notification relates:
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PART I -- REGISTRANT INFORMATION
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Full name of registrant: FAST FOOD SYSTEMS, INC.
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Former name if applicable: N/A
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Address of principal executive office
(Street and number): 42-40 Bell Boulevard
City, State and Zip Code: Bayside, New York 11361
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PART II -- RULE 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check
appropriate box.)
[X] (a) The reasons described in reasonable detail in Part III
of this form could not be eliminated without unreasonable
effort or expense:
[X] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, 20-F, 11-K or Form N-SAR, or
portion thereof will be filed on or before the 15th calendar
day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q, or
portion thereof will be filed on or before the fifth
calendar day following the prescribed due date: and
[ ] (c) The accountant's statement or other exhibit required by
Rule 12b-25 has been attached if applicable.
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PART III -- NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K,
20-F, 10Q, N-SAR or the transition report portion thereof could
not be filed within the prescribed time period. (Attach extra
sheets if needed.)
During the fiscal year being reported upon, the Company sold
substantially all of its assets. As a result, substantially all
of the operations being reported upon for all periods presented
are "Discontinued Operations". As such, substantial
reclassifications and revisions to the financial statements are
required, which has required additional time.
Additionally the Company, with this report, will be reporting
under the SB system and the format of the Annual Report must be
revised accordingly.
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PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Lewis E. Topper 718 229-1113
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(Name) (Area Code) (Telephone number)
(2) Have all other periodic reports required under Section 13 or
15 (d) of the Securities Exchange Act of 1934 or Section 3B
of the Investment Company Act of 1940 during the preceding
12 months or for such shorter period that the registrant was
required to file such report(s) been filed? If the answer is
no, identify report (s).
[X] Yes [ ] No
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(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
[ ] Yes [X] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
FAST FOOD SYSTEMS, INC.
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(Name of registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: December 26, 1996 By: /s/ Lewis E. Topper
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Name: Lewis E. Topper
Title: President
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ATTENTION
Intention misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).
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